Category: Business

Complete one year of GST: Success,Failures and Next Agenda

Last year when the clock struck 12 at midnight proclaiming the start of the first day of July, the Indian Parliament in a special joint session formally announced the country’s move towards a unified tax regime in the form of the Goods and Service Tax (GST). The finance minister had warned about teething troubles in…

July 12, 2018 Post Comment Business
pvt ltd company

Advantages & Disadvantages of Private Limited Company in India

A Private Limited Company as defined under section 2 (28) of the Companies Ordinance Act of 1984, which states: The number of maximum shareholders is 50 with a minimum of 2 shareholders and directors. Prohibits the initial public offering for making any pledge for the companies’ shares. It restricts the right of transfer of shares…

Limited Liability Partnership

A Complete Guide to Form a Limited Liability Partnership (LLP)

A firm formed by Limited Liability Partnership agreement is like a Traditional Partnership Firm but with Limited Liability. It has become a preferred choice of businessmen who, earlier used to register as partnership firms. It blends the benefits of a Traditional Firm (fewer regulations, more control), and that of a corporate entity (Limited Liability of…